Foreclosure is the cutting off or termination of a right to property to compel payment of a mortgage or other debt secured by a lien. As to real property, like a house or land, foreclosure is started because of non-payment of the debt and leads to the selling of the property to which the mortgage or lien is attached in order to satisfy that debt. Lawyers who assist with foreclosure issues help struggling homeowners consider their options -- both foreclosure and foreclosure alternatives -- and determine the best course of action. Foreclosure alternatives may include loan modification, short sale, forbearance, reinstatement, and repayment plans.
Endicott is a village in Broome County, New York, United States. The population was 13,038 at the 2000 census. It is part of the Binghamton Metropolitan Statistical Area. The village is named after Henry B. Endicott, a founding member of the Endicott Johnson Corporation shoe manufacturing company, who founded the community as the "'Home of the Square Deal'". The Village of Endicott is in the Town of Union and is west of Binghamton, New York. The town is served by the Greater Binghamton Airport/Edwin A Link Field. It is part of the "Triple Cities", along with Binghamton and Johnson City.